Published on 04/14/2016

Composition of the board of directors.

In accordance with article 228 of the Consolidated Text of the Securities Market Act, FERROVIAL, S.A. (the Company, or FERROVIAL), hereby communicates the following:

SIGNIFICANT EVENT

On today’s date, the Independent Director Mr. Howard Lee Lance has made the Company aware of his resignation as Director effective as of today, in a letter to the Board of Directors. According to the letter, his relinquishment is for his nomination as President and CEO of other company, which is based in California (U.S.A.) which makes him impossible to continue providing the necessary dedication to the Board of Directors of Ferrovial

The Company wishes to acknowledge expressly the contribution made and work undertaken   by Mr. Howard Lee Lance.

Madrid, 14th of April 2016

Santiago Ortiz Vaamonde

Secretary of the Board of Directors of FERROVIAL S.A.

English translation for information purposes only. In the event of discrepancies between the English and the Spanish version, the Spanish version shall prevail.